Making things even tougher, Starbucks had an analyst meeting and laid out its prospects just a month ago, when shares were at $49. Since then, shares are up to $54. So unless things are markedly different in just a month, shares may likely fall, he said.

Cramer said he owns shares of Starbucks for his charitable trust, Action Alerts PLUS, but he owns them for the long-term and will not be trying to guess this quarter's earnings.

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